The Following Is a List of Accounts and Their Balances

question 96

Essay

The following is a list of accounts and their balances for Benson Company for the month ended June 30, 2020. Prepare a trial balance in good form.
$$\begin{array} { l r l r } \text { Cash } & \$ 370 & \text { Accounts Receivable } & 1,600 \\\text { Accounts Payable } & 770 & \text { Advertising Expense } & 600 \\\text { Office Equipment } & 900 & \text { Service Fees } & 2,730 \\\text { Benson, Capital } & 1,500 & \text { Salaries Expense } & 630 \\\text { Benson, Withdrawals } & 500 & \text { Utilities Expense } & 400\end{array}$$

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Definitions:

Self-Determination Theory

A theory of motivation that posits that people are most motivated when they feel that they have autonomy, competence, and relatedness.

McClelland's Need

Refers to a theory identifying three primary needs in work situations: the need for achievement, the need for power, and the need for affiliation.

Alderfer's Relatedness Needs

A component of Alderfer's ERG theory focusing on the interpersonal relationships and social needs of individuals within an organization.

Motivation Theory

A set of theories that aim to explain what drives individuals to initiate, direct, and sustain behaviors and actions to achieve specific goals.